Question:
My daughter works a part-time job to help out with her college tuition. She's applying next year. But realistically, what would she have to earn to make a significant contribution? Is it worth the time she spends away from family and volunteer activities?
Answer:
A lot of families feel that their children should concentrate on the work of being a child, which is studying, socializing, and learning how to get along in the world with others. Learning the value of work is very important and volunteering certainly can fill that requirement. Most teenagers will be earning a minimum wage, and if they're good savers, this can contribute to the money they will have for college extras, but probably not for room and board. A part-time job should take up no more than 20 hours of a teenager's week, except during the summer and/or school breaks. If you feel that her job is cutting into her studies or her friendships, you might suggest that she take on fewer hours or a less committed job. Reassure her that you appreciate her contributions, and feel they are significant, but that her future will not stand or fall on her earnings.